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Match Each Property with an Example of How That Text

question 62

Multiple Choice

Match each property with an example of how that text might appear if that property is applied.
-text appears italic

Recognize the importance of adapting business strategies to international markets.
Understand the role and implications of host and home countries in international business.
Comprehend the significance of a PEST analysis in evaluating international business environments.
Understand the various modes of entering international markets, such as franchising, exporting, and joint ventures.

Definitions:

HR Gap

A shortage of human capital such that the organization is unable to meet its current or forecasted human capital requirements.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can contribute to an organization's performance and economy.

Shortage

A situation in which the demand for a product or service exceeds the available supply, often leading to higher prices or unmet consumer needs.

Organizational Flexibility

The ability of an organization to adapt rapidly and efficiently to changes in the internal and external environment.

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